The effect of parental transmission of entrepreneurship on small and micro-enterprise sales performance
利用世界银行斯里兰卡数据，基于社会认知理论，发现父母创业的知识传承比态度传承更能提升小微企业销售业绩，而创始人教育和经验可替代这种传承。
This article examines the role of parental transmission of entrepreneurship in the sales performance of small and micro-enterprises. We posit that while the intergenerational transmission of attitudes may be crucial for the entrepreneurial entry decision (as highlighted by the literature), cognitive elements and transmission of knowledge are more important for actual venture performance. Applying social cognitive theory (SCT), we leverage a large World Bank dataset to understand the drivers of small and micro-enterprise performance in the understudied developing economy context of Sri Lanka. The study illuminates how parental transmission is conditioned by cognitive skills. We also highlight that both the education and business-specific managerial experience of founders, as captured by firm age, may substitute for the parental transmission of business knowledge. The research offers theoretical and practical implications, interpreting the human capital drivers of small and micro-enterprise success through the lens of SCT and considering the complementary and compensatory influences on outcomes.